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Message:: [QUOTE="900fine, post: 818423, member: 6036"]Yes, the grade matters. Personally, I don't think the grade matters when going up from 69 to 70. But going DOWN it certainly DOES matter. While true there are few low grade modern bullion coins, there are some which have been poorly handled and wind up with unsightly splotchy toning. In a world where there are millions of brilliant 69 DCAMs, it's easy to see why it's tougher to sell such a coin, and why it sometimes must be sold at a discount. Classic Gold has similar issues. In circulated grades, generic gold has almost the same greysheet price when dropping from AU all the way down to VF*. Why would someone pay $695 for a VF20 when another twenty bucks (3%) gets you an AU58 ? * edited to add - Yes, I know that greysheet prices can be off. But the point remains : the price vs. grade curve for bullion is very flat, which suggests that low-grade coins sell for almost as much as much higher grade coins. In reality, there are plenty of the better coins, so the lower grade coins sell slow, at a discount, or not at all. * ...and presumably all the way down to AG3. The greysheet does not price gold that low.[/QUOTE]